2cureX A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About 2cureX A/S
2cureX A/S (CVR number: 29418888) is a company from KØBENHAVN. The company recorded a gross profit of -10328.6 kDKK in 2023. The operating profit was -22 mDKK, while net earnings were -29.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -139.9 %, which can be considered poor and Return on Equity (ROE) was -322.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. 2cureX A/S's liquidity measured by quick ratio was 2.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 807.44 | 3 248.90 | -2 974.74 | -10 190.41 | -10 328.61 |
EBIT | -4 317.33 | -2 728.33 | -11 408.05 | -20 873.43 | -21 961.74 |
Net earnings | -3 820.94 | -3 229.50 | -9 210.31 | -15 353.14 | -29 742.21 |
Shareholders equity total | 5 885.69 | 2 656.18 | -6 554.13 | 12 045.21 | 6 419.66 |
Balance sheet total (assets) | 28 686.05 | 22 800.85 | 14 075.56 | 14 426.65 | 10 205.88 |
Net debt | -5 778.27 | 3 062.66 | 14 018.95 | -1 971.04 | -6 829.35 |
Profitability | |||||
EBIT-% | |||||
ROA | -21.3 % | -10.5 % | -50.8 % | -105.5 % | -139.9 % |
ROE | -86.9 % | -75.6 % | -110.1 % | -117.6 % | -322.1 % |
ROI | -33.1 % | -12.6 % | -57.4 % | -124.6 % | -289.2 % |
Economic value added (EVA) | -3 332.78 | -1 100.24 | -8 075.41 | -15 525.71 | -23 160.20 |
Solvency | |||||
Equity ratio | 20.5 % | 11.6 % | -31.8 % | 83.5 % | 62.9 % |
Gearing | 273.8 % | 667.1 % | -269.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.6 | 9.1 | 3.6 | 3.4 | 2.2 |
Current ratio | 3.6 | 9.1 | 3.6 | 3.5 | 2.2 |
Cash and cash equivalents | 21 896.15 | 14 655.88 | 3 616.85 | 1 971.04 | 6 829.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | B | BBB | BB |
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